.2PDK

Silly...

SToronto

Yeah the link to the online car listing was included. $189,XXX.

Still ahead if you wanted the 4RS bad enough to pay over MSRP.

It wasn't a done deal, he said he would present the offer to the GM. GM has final say.

Skeptikal12

Higher end Taycan used values are terrible. Depreciation wise from new, probably the worst porsche to have.

moab

Can’t be surprised by this. What kind of EV would have good resale? Today’s battery is garbage the following year.

.2PDK

How are used Plaids holding up?

Skeptikal12

Bad. However part of their value drop was because of the actions of Tesla directly (MSRP decrease), but with the higher end Taycan its simply because the car is not worth its higher cost. Not a Porsche vs. Tesla debate.

Over 50,000 992 911s produced last year. Enough used GT4 RSs for sale. I wouldn't buy an unwanted EV for the chance to get a new car from Porsche especially now.

Cityfisher

Was at Oakville Porsche this past week. Had a long chat with Sales and management.
911 (used CPo) supply is very low and they expect the prices increase 5 to 10 percent by summer.

*** this is after a 20percent drop in the past 8 months.

rensoyka

this is the time of year when dealers start calling to ask owners if they want to sell. easy way for them to make money. that's how my current car became available, it sat in somebody's garage during covid and the dealer had no trouble convincing them to sell.

Onami

I’m sure they did say that, but it’s funny that they just dropped the price (Friday) on a CPO 991 that I have been watching since October. I think much of the current “shortage” is smoke and mirrors created by the dealers. Personally, I think prices will continue to decline, although not by a huge amount.

PCO pricing is comical…they are trying to sell a pdk 2017 911 with 33,000 km for $5,000 less than it was new 7 years ago!

I was speaking to a dealer also yesterday about the bloated builds that are required and he said as much as he hates to say it, Porsche has put profits above the customer.

Cityfisher

agreed but we are in mid winter, so based on past years. This is when values are the lowest.

3 - 991 s I was watching for the past month are now sold. One was being picked up Friday and another Saturday.
Once spring comes we will have a better picture if this crazy pricing will continue on
​​911.

Based on how absurd new pricing has become( 200k for a decent spec carrera S)
I feel the 991.2 .will hold good value for years.

RealityGT

We are still in the post covid lockdown rut ( I still see people out wearing masks...) and peoples senses have been fried. These current values for auto's won't and cannot be sustained.
Supply chain issues have all but vanished and these manufacturers and dealers won't be able to milk that story for much longer.

I bid on a home this past week (didn't win) and watched the owners take an almost $400k haircut in less than 2 years.. they had 2 porsches in their garage (Cayenne and Macan) and I'm pretty sure those will hit the blocks shortly.
People still have money, but the pain is coming for many....

SToronto

what else are they going to say? They want you to buy now. They are wholly incented on the now. Unless they really know you.

edit - I should say pipeline is important as well. So not wholly incented on the now. But mentality is sell now, more so with used or what’s on the lot than made to order.

Vise

Yeah, that is false as it is 100% on the dealer's desire to maximize profits. Don't buy that crap and find a dealer that will let you spec your car as desired... the corporate store in the GTA (PCNT) still has zero requirements on minimum options.

Onami

I actually wondered if Porsche was forcing the option minimums or the dealer. The dealer makes the most sense, but I wonder if Porsche is rewarding dealers that submit higher specs.

GM allocates Corvettes based on inventory turn - wonder if Porsche gives extra allocations based on total profit per vehicle? The 2 year wait lists are gone for Corvettes. A few 2023’s are still leftover and you can get a 2024 in stock pretty easily. Dealers are posting open allocations for quick builds weekly on the Canadian forum.

Vise

It is the dealer. While Porsche rewards dealers that move the most volume with more allocations, the '$30k minimum in options required' bull**** is part of the dealers quest for higher profits.

Case in point, my family and I have ordered 4 vehicles from PCNT over the past year and in every case there was absolutely zero pressure or requirement for any minimum number of options. My brother's Targa GTS was fairly light (maybe $15k in options) and it was never once a conversation. Once the allocation is confirmed the customer is free to spec it as they see fit... unless of course you're working with a dealer trying to squeeze every penny from the deal.